113
113
Oct 31, 2012
10/12
by
FBC
tv
eye 113
favorite 0
quote 0
nobody expected a 10% gain for gm because of the resolution of the $29 billion in pension costs they have. >> right, we're talking about gm and ford, both clear winners, obviously, and ford now, up 8.3%. both beat the streak. tomorrow, auto sales. liz: i know i mentioned netflix, but we have to show the move because this stock, during the year, was $133, and plummeted to an annual low of 52. look now, $79 all because the name carl icon attached to it. gl that's right. you know, liz, he's a game changer for the companies, getting a full stake in there and makes a lot of changes. a lot of clapping, the employees who helped to keep this place alive are ringing the closing bell.
nobody expected a 10% gain for gm because of the resolution of the $29 billion in pension costs they have. >> right, we're talking about gm and ford, both clear winners, obviously, and ford now, up 8.3%. both beat the streak. tomorrow, auto sales. liz: i know i mentioned netflix, but we have to show the move because this stock, during the year, was $133, and plummeted to an annual low of 52. look now, $79 all because the name carl icon attached to it. gl that's right. you know, liz, he's...
156
156
Oct 27, 2012
10/12
by
CNN
tv
eye 156
favorite 0
quote 0
they went from, there was an old gm and a new gm, so they went through kind of a managed bankruptcy after all the bailout work was done. >> then ford did it all on their own. >> wait, this is not true. that is not true. ford had the timing on their side. they went and renegotiated their debt before the 2008 crisis hit. they happened to have an advantage of going to wall street to renegotiate their borrowing authority and it was the calendar. >> the ceo of ford said about mitt romney's prescription. he said if gm and chrysler had gone into a free fall bankruptcy, they would have taken the entire supply chain and auto agency with it. he said that in 2010. so that's really what -- >> speculation is not accurate. >> it is because there was no way that private capital were going to keep those companies alive into a chapter 11 reorganization. they would have gone into liquidation. we would have lost not only those two companies, but the supply chain. >> what he said, these are his words, the american auto industry is vital to our national interest as employer and hub for manufacturing, a manage
they went from, there was an old gm and a new gm, so they went through kind of a managed bankruptcy after all the bailout work was done. >> then ford did it all on their own. >> wait, this is not true. that is not true. ford had the timing on their side. they went and renegotiated their debt before the 2008 crisis hit. they happened to have an advantage of going to wall street to renegotiate their borrowing authority and it was the calendar. >> the ceo of ford said about mitt...
115
115
tv
eye 115
favorite 0
quote 0
that's a gm product that is the direct result of the president's intervention to bail out the automobile industry. >> as a former commander yourself, how do you think the president's done this week in >> i think he's done extremely well in terms of his sympathy and empathy for the groups, his visit. i think he was smart not to go into new york city, where it's too congested, too many problems. i think he's also done well in terms of showing the power of the office by just the latest move of having the military assist in delivery of fuel. it also shows up the hollowness of governor romney, his flip-flopping. for example, on the issue of fema, he was suggesting months ago that maybe you don't need a federal emergency management agency, maybe you can just let each state fend for itself. now, imagine where we would be if someone had actually taken that advice and killed fema. you would have new york, new jersey, each fighting with each other for scarce resources, for fuel, for power, for electric line repair, competing against each other to bring in assistance from other states instead of ha
that's a gm product that is the direct result of the president's intervention to bail out the automobile industry. >> as a former commander yourself, how do you think the president's done this week in >> i think he's done extremely well in terms of his sympathy and empathy for the groups, his visit. i think he was smart not to go into new york city, where it's too congested, too many problems. i think he's also done well in terms of showing the power of the office by just the latest...
258
258
Nov 3, 2012
11/12
by
CNNW
tv
eye 258
favorite 0
quote 0
executives from chrysler and gm came down hard on the romney campaign for it, calling it the most cynical kind of campaign politics n that area and every area here matters, you can tell that particular campaign gamut backfired. >> but mitt romney is still kpetive in ohio. >> this is a mainstream republican state. there is a reason no republicans won the white house not winning ohio. there is a deep republican tradition in this state. the fact that it's an obama fire wall is what is remarkable. this is a state that mitt romney could do well. he should do well. running the obama's campaign core strategy appealing to middle class voters, working class whites in this state makes a big difference when it comes to ground game and that critical early voting. mitt romney has had a real problem connecting to those folks. >> who is he leading with in ohio? >> president obama is leading with women. he's leading with centrist business 0 points. losing independents by two points. losing white men by a considerable margin. leading with folks who make undered 50 e$50,000 a year. so the national themes a
executives from chrysler and gm came down hard on the romney campaign for it, calling it the most cynical kind of campaign politics n that area and every area here matters, you can tell that particular campaign gamut backfired. >> but mitt romney is still kpetive in ohio. >> this is a mainstream republican state. there is a reason no republicans won the white house not winning ohio. there is a deep republican tradition in this state. the fact that it's an obama fire wall is what is...
129
129
Oct 30, 2012
10/12
by
CNBC
tv
eye 129
favorite 0
quote 0
gm said they will donate 50 chevy trucks to the red cross for use in recovery efforts. 3 m committed cleaning products, duct tape to the red cross. goldman sachs is setting up charging stations in conjunction with conrad, new york, and providi providing bottled water for residents. walmart is using its network to keep the word out about shelters by keeping website and twitter a counts updated with the latest information. >> thank you very much, courtney reagan. >>> restaurant in sandy's path facing head winds following storm damage. pizza maker papa johns has 600 locations near the storm. responsible for leading the company's global operations. joins us now from louisville, kentucky. great to have you with us. >> thank, melissa, great to be here. >> what sort of disruptions in terms of delivery and distribution are you seeing right now? >> well, as you said, we have 600 stores that were in the path of the storm. and last night we actually had between yesterday and last night 200 stores that were closed. and as of late this afternoon we still have around 100 that are still yet to be o
gm said they will donate 50 chevy trucks to the red cross for use in recovery efforts. 3 m committed cleaning products, duct tape to the red cross. goldman sachs is setting up charging stations in conjunction with conrad, new york, and providi providing bottled water for residents. walmart is using its network to keep the word out about shelters by keeping website and twitter a counts updated with the latest information. >> thank you very much, courtney reagan. >>> restaurant in...
49
49
Nov 4, 2012
11/12
by
CNNW
tv
eye 49
favorite 0
quote 0
months later when gm and chrysler asked for more taxpayer money, congress refused. so the president did it on his own. >> we cannot and must not and we will not let our auto industry simply vanish. >> and he went against the advice of his own -- some cases, his own advisers. >> he bailed out the auto industry anyway in a wildly unpopular move opposed by nearly three quarters of americans. as well as his future republican opponent mitt romney. at first the restructuring of the industry cost thousands their jobs. >> when you look at everything from the auto bailout which was very unpopular at the time. and if i'd been leading with emotions or had my political hat on, we might not have done, but saved a million jobs. >> ultimately, the bailout saved jobs and it provided the industry a safety net. but the president was not effective at selling it. >> it would be great if you were sitting down for an hour-long lecture in a classroom but not necessarily trying to sell it to the public. he doesn't think in sound bites. >> while the president pushed forward on his agenda, h
months later when gm and chrysler asked for more taxpayer money, congress refused. so the president did it on his own. >> we cannot and must not and we will not let our auto industry simply vanish. >> and he went against the advice of his own -- some cases, his own advisers. >> he bailed out the auto industry anyway in a wildly unpopular move opposed by nearly three quarters of americans. as well as his future republican opponent mitt romney. at first the restructuring of the...
210
210
Oct 27, 2012
10/12
by
CNNW
tv
eye 210
favorite 0
quote 0
. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're doing real well right now. >> her coworkers told us a similar story. who are you supporting for president? >> obama. >> why? >> because he's for the working class. and he helped with the bailout. >> it speaks about his dar character, speaks about his concern for us. >> in warren, ohio, some former autoworkers are angry. >> i was one of the innovators. bruce worked for delphi for 34 years, a senior engineer, nonunion. >> what did the auto bail out mean to you? >> the effect on me and my family is a loss of all my health care insurance, a loss of all my life i
. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're...
203
203
Oct 31, 2012
10/12
by
CNBC
tv
eye 203
favorite 0
quote 0
gm scoring big beats in the second quarter. the auto maker earned 93 cents a share for the quarter, that was well above the 60 cents the street had been looking for. phil lebeau has a special guest joining him to talk more about this. phil? >> thank you, becky, i'm joined by the cfo of general motors joining us on the "squawk" news line first on cnbc. when you look at you guys earning 33 cents more than the street was expecting. >> well, phil, i'd say overall it was a good quarter for us. and a challenging environment. being able to grow revenue, grow profits as you mentioned year-over-year. our margins are up slightly, strong cash flow. got some important launches away this quarter in terms of new vehicles into the market for cadillac and other of our brands. so good quarter overall, and we've made some progress on some of the tough issues in front of us including pensions and we're making reasonable progress in europe. >> and we'll talk about europe in a bit. but i want to ask you about revenue. nearly $2 billion better than
gm scoring big beats in the second quarter. the auto maker earned 93 cents a share for the quarter, that was well above the 60 cents the street had been looking for. phil lebeau has a special guest joining him to talk more about this. phil? >> thank you, becky, i'm joined by the cfo of general motors joining us on the "squawk" news line first on cnbc. when you look at you guys earning 33 cents more than the street was expecting. >> well, phil, i'd say overall it was a good...
171
171
Oct 31, 2012
10/12
by
MSNBCW
tv
eye 171
favorite 0
quote 0
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who will build jeeps in china. >> not so bad says the ceo of chrysler issuing a statement reaching jeep production whether not be moved from the united states to china, it is inaccurate to suggest anything different. today president obama tours the storm devastation in atlantic city and vice president biden makes two campaign stops in florida. mr. romney will also be in florida as he makes three stops. paul ryan will spend the day campaigning in his home state of wisconsin. let's get back to sandy, because two of the three major airports serving the new york area, kennedy and newark, they'll start to reopen with limited service later this morning, but the super storm created a worldwide ripple effect. many are still stranded overseas. so we want to check in with michelle kosinski from london. good morning. >> reporter: right, it does have that sort of snowballing effect that we see with any major travel destruction around the world, but of course this is a big one with so many airports closed for more than o
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who will build jeeps in china. >> not so bad says the ceo of chrysler issuing a statement reaching jeep production whether not be moved from the united states to china, it is inaccurate to suggest anything different. today president obama tours the storm devastation in atlantic city and vice president biden makes two campaign stops in florida. mr. romney will also be in florida as he makes three stops....
156
156
Nov 1, 2012
11/12
by
CNBC
tv
eye 156
favorite 0
quote 0
gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that they have always had huge cash awards. >> the announcement is out, they have promoted a number, a series of people. joe henriks, president of the americas, even know dell, most, a number of different things including the promotion of fields. >> asia, africa is the rangernd a the ranger is selling very well. >> it's a big story, you got it here first. >> all right, a lot of people did. of course not the only story out this morning. if you do want to get the latest out of the recovery, sandy, remain without power in the storm region. some areas likely to be without -- some of you in t
gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that...
139
139
Nov 1, 2012
11/12
by
WUSA
tv
eye 139
favorite 0
quote 0
but it's chrysler and gm pointed out, jeep which is a chrysler brand and gm also producing autos in northern ohio aren't shrinking their production they are expanding it. so the obama campaign believes they have the facts and narrative on their side, talking to senior romney advisers last night they don't regret making the charge but they didn't anticipate the intensity of the obama reaction and the echo chamber that it's created in the free media, the publicity around it. >> that's interesting. let's talk about some of these state polls. they show obama waleed in wisconsin, new hampshire and iowa. and he has a five-point lead in ohio. you've been talk being to team obama, his top officials. what do they make of these numbers? >> i was in chicago two days ago and they are confident about the president's ability to win re-election. that's a normal place for the obama campaign. they are never anything other than superconfident. >> over confident? >> the obama campaign know their voter contacts and if they cho what they know they will win. but if they know is wrong they will lose. if everything
but it's chrysler and gm pointed out, jeep which is a chrysler brand and gm also producing autos in northern ohio aren't shrinking their production they are expanding it. so the obama campaign believes they have the facts and narrative on their side, talking to senior romney advisers last night they don't regret making the charge but they didn't anticipate the intensity of the obama reaction and the echo chamber that it's created in the free media, the publicity around it. >> that's...
342
342
Nov 1, 2012
11/12
by
KPIX
tv
eye 342
favorite 0
quote 0
as chrysler and gm have pointed out, jeep, which is a chrysler brand, and gm, also producing autos in northern ohio, aren't shrinking their production. they're expanding it. the obama campaign believes they have the facts and narrative on their side. talking to senior romney advisers last night, they don't regret making the charge but they did not anticipate the intensity of the obama reaction and the echo chamber it's created and believe it's been a net negative. >> that's interesting. let's talk about these state poll polls. we have new information that show obama with the lead in wisconsin, new hampshire and iowa. he has a five-point lead in ohio. you've been talking to team obama, his top officials. what do they make of these numbers? >> i was in chicago two days ago and they are supernaturally confident. >> supernaturally confident? >> yes. that's a normal place for the obama campaign, never anything other than supernaturally confident. >> overconfident? >> we'll find out. the way i would describe the obama campaign, they know their voter contacts, and if they know what they know
as chrysler and gm have pointed out, jeep, which is a chrysler brand, and gm, also producing autos in northern ohio, aren't shrinking their production. they're expanding it. the obama campaign believes they have the facts and narrative on their side. talking to senior romney advisers last night, they don't regret making the charge but they did not anticipate the intensity of the obama reaction and the echo chamber it's created and believe it's been a net negative. >> that's interesting....
125
125
tv
eye 125
favorite 0
quote 0
it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is evidence that this is 32 straight months of private sector growth, and you have mitt romney on the other side saying that it's a sad reminder that the economy is at a standstill. his own words. beyond the spin here, what do you think voters are hearing when they hear this number today, and does it even change their perception at all of how the economy is doing? to either one of you. >> suzanne, you know, the uptick is not great news for the obama campaign. it is still -- >> this is a 7.8% to 7.9%. >> that's the top line number that peop
it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is...
253
253
Oct 28, 2012
10/12
by
KTVU
tv
eye 253
favorite 0
quote 0
and we are in the front of a popular photo op and you can see the giant particular gm building. the tall circular building. this is where espn does the pregame and post game shows. obviously it is still about eight hours away from the first pitch. >> so, they are not yet there. and we are here. we are ready to go. and ready for the thing to get clinched so we can maybe beat the frankenstorm and get home. >> matt cain on the mound. what are you expecting from him tonight? >> well, you know, two different matt cain in the postseason. he is 2-2 so far. he has had trouble finding his location, something the other pitchers are excelling at. everyone calls him the horse. the ace and he has not been that right now in the pisces son. he will see the team is focused. they are a smart team. they are fundamentally strong team and if they can get the ball into the strike zone and make them hit the ball. the guys behind him will field it and that's what they will try to do. >> they will take one game at a time and stick to those fundamentals. >> stay calm and cool and the pressure is mountin
and we are in the front of a popular photo op and you can see the giant particular gm building. the tall circular building. this is where espn does the pregame and post game shows. obviously it is still about eight hours away from the first pitch. >> so, they are not yet there. and we are here. we are ready to go. and ready for the thing to get clinched so we can maybe beat the frankenstorm and get home. >> matt cain on the mound. what are you expecting from him tonight? >>...
800
800
Oct 30, 2012
10/12
by
KNTV
tv
eye 800
favorite 0
quote 0
the latest flash point, a romney tv ad running in ohio making this claim about gm. >> obama took chrysler and gm into bankruptcy and sold chrysler to italians that are going to build jeeps in china. >> reporter: campaigning with former president clinton vice president biden blasted the ad as false. >> chrysler has felt obliged to go public and say there is no truth. they say jeep has no intentions of shifting production of its jeep models out of north america to china. >> reporter: while mitt romney is technically not campaigning today, he is doing a storm relief event, savannah, in the state of ohio. >> chuck, and a lot of folks are asking us this morning, is there a possibility with this widespread power outages that could last days if not weeks, is there a chance the election day itself could be delayed? >> it's very unlikely. look, the presidential election day is something that is set in the constitution. now, states run electrics, and they can decide to postpone if they wanted to. it's happened before in new york city, of course, postponed in new york city elections on 9/11 on the d
the latest flash point, a romney tv ad running in ohio making this claim about gm. >> obama took chrysler and gm into bankruptcy and sold chrysler to italians that are going to build jeeps in china. >> reporter: campaigning with former president clinton vice president biden blasted the ad as false. >> chrysler has felt obliged to go public and say there is no truth. they say jeep has no intentions of shifting production of its jeep models out of north america to china....